X
Edition:
United States

  • Business
    • Business Home
    • Legal
    • Deals
    • Aerospace & Defense
    • Finance
    • Autos
    • Reuters Summits
  • Markets
    • Markets Home
    • U.S. Markets
    • European Markets
    • Asian Markets
    • Global Market Data
    • Indices
    • Stocks
    • Bonds
    • Currencies
    • Comm & Energy
    • Futures
    • Funds
    • Earnings
    • Dividends
  • World
    • World Home
    • U.S.
    • Special Reports
    • Reuters Investigates
    • Euro Zone
    • Middle East
    • China
    • Japan
    • Mexico
    • Brazil
    • Africa
    • Russia
    • India
  • Politics
    • Politics Home
    • Election 2016
    • Polling Explorer
    • Just In
    • What Voters Want
    • Supreme Court
  • Tech
    • Technology Home
    • Science
    • Top 100 Global Innovators
    • Environment
    • Innovation
  • Commentary
    • Commentary Home
    • Podcasts
  • Breakingviews
    • Breakingviews Home
    • Breakingviews Video
  • Money
    • Money Home
    • Retirement
    • Lipper Awards
    • Analyst Research
    • Stock Screener
    • Fund Screener
  • Rio 2016
  • Pictures
    • Pictures Home
    • The Wider Image
    • Photographers
    • Focus 360
  • Video
Clinton Foundation admits making mistakes on taxes
  • Africa
    América Latina
  • عربي
    Argentina
  • Brasil
    Canada
  • 中国
    Deutschland
  • España
    France
  • India
    Italia
  • 日本
    México
  • РОССИЯ
    United Kingdom
  • United States
Politics | Sun Apr 26, 2015 3:15pm EDT

Clinton Foundation admits making mistakes on taxes

U.S. presidential candidate and former Secretary of State Hillary Clinton participates in a discussion in a classroom at New Hampshire Technical Institute while campaigning for the 2016 Democratic presidential nomination in Concord, New Hampshire, April 21, 2015. REUTERS/Lucas Jackson
U.S. presidential candidate and former Secretary of State Hillary Clinton participates in a discussion in a classroom at New Hampshire Technical Institute while campaigning for the 2016 Democratic presidential nomination in Concord, New Hampshire, April 21, 2015. REUTERS/Lucas Jackson

The Clinton Foundation's acting chief executive admitted on Sunday that the charity had made mistakes on how it listed government donors on its tax returns and said it was working to make sure it does not happen in the future.

The non-profit foundation and its list of donors have been under intense scrutiny in recent weeks. Republican critics say the foundation makes Hillary Clinton, who is seeking the Democratic presidential nomination in 2016, vulnerable to undue influence.

After a Reuters review found errors in how the foundation reported government donors on its taxes, the charity said last week it would refile at least five annual tax returns.

"So yes, we made mistakes, as many organizations of our size do, but we are acting quickly to remedy them, and have taken steps to ensure they don't happen in the future," Clinton Foundation acting Chief Executive Officer Maura Pally said in a statement.

The errors appeared on the tax forms 990 that all non-profit organizations must file annually with the U.S. Internal Revenue Service to maintain their tax-exempt status.

Pally said the foundation did accurately report its total revenue but government grants were mistakenly combined with other donations.

(Reporting by Eric Beech in Washington; Editing by Peter Cooney)

RELATED STORIESObama pokes fun at political friends and foes at White House dinner›Obama pokes fun at political friends and foes at White House dinner
›Republican presidential contenders woo evangelical voters
›McCain urges shifting drone program to Pentagon

 

Trending Stories

    Editor's Pick

    LIVE: Election 2016

    Sponsored Topics

    Next In Politics

    Trump team talks trade, labor with U.S. farm groups

    CHICAGO Advisers to Republican presidential nominee Donald Trump pledged to U.S. agricultural groups that he will give growers and states a say on national farm policy should he be elected, two association leaders said on Friday.

    Clinton need not give sworn testimony over emails: U.S. judge

    NEW YORK Democratic Party presidential candidate Hillary Clinton does not need to give sworn testimony in a lawsuit brought by a conservative watchdog group over her use of an unauthorized private email system while she was U.S. secretary of state, a judge ruled on Friday.

    Clinton Foundation health project still mulling foreign donations

    NEW YORK The largest program of the Clinton Foundation, the family philanthropy of U.S. Democratic presidential candidate Hillary Clinton, is still weighing whether to continue accepting foreign donations should Clinton be elected, a spokeswoman said on Friday.

    MORE FROM REUTERS

    From Around the Web By Taboola

    Sponsored Content By Dianomi

    X
    Follow Reuters:
    • Follow Us On Twitter
    • Follow Us On Facebook
    • Follow Us On RSS
    • Follow Us On Instagram
    • Follow Us On YouTube
    • Follow Us On LinkedIn
    Subscribe: Feeds | Newsletters | Podcasts | Apps
    Reuters News Agency | Brand Attribution Guidelines | Delivery Options

    Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products:

    Eikon
    Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface
    Elektron
    Everything you need to empower your workflow and enhance your enterprise data management
    World-Check
    Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks
    Westlaw
    Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology
    ONESOURCE
    The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs
    CHECKPOINT
    The industry leader for online information for tax, accounting and finance professionals

    All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.

    • Site Feedback
    • Corrections
    • Advertise With Us
    • Advertising Guidelines
    • AdChoices
    • Terms of Use
    • Privacy Policy